The impact of corporate governance on financial control
© Higher Education Press and Springer-Verlag GmbH 2008
Published: 30 July 2008
This study explores the impact of corporate governance on financial control by studying manufacture industry. Results show that factors such as the percentage of shares held by the controlling shareholder, independent directors system, and the degree of activeness of the board of directors all have marked influences on financial control. Suggestions for financial management improvement are also discussed.